Latest News on private equity markets

Huawei shrugs off Verizon patent talks as 'common' business

Huawei said its patent talks with U.S. carrier Verizon is "common" business activity and such negotiations should not be politicized, days after a senator filed legislation to prevent the Chinese firm from seeking damages in American courts.



5 months ago

Weaning U.S. power sector off fossil fuels would cost $4.7 trillion: study

Eliminating fossil fuels from the U.S. power sector, a key goal of the "Green New Deal" backed by many Democratic presidential candidates, would cost $4.7 trillion and pose massive economic and social challenges, according to a report released on Thursday by energy research firm Wood Mackenzie.



5 months ago

Corporations take it on the chin in first Democratic debate

To the Democrats running for president of the United States, corporations charge too much for medicines and other critical goods, do not pay enough in taxes and repay bailouts by taking jobs overseas.



5 months ago

Ukrainian reformers under fire as battle over PrivatBank heats up

The day after Ukraine elected a new president in April, former central bank chief Valeria Gontareva was summoned for questioning as a suspect in a corruption investigation.



5 months ago

Amazon launches new in-store pickup option with Rite Aid as first partner

Amazon.com has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone.



5 months ago

China opposes U.S. abuse of export control, urges cooperation

China opposes U.S. abuse of export controls and urges the United States to return to a track of cooperation, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are set to meet for talks on trade issues.



5 months ago

Oil prices drop as traders wait for G20, OPEC+ meetings

Oil prices fell on Thursday to erase some of the previous session's strong gains, as traders wait for the G20 summit in Japan and for a meeting of OPEC and other crude producers to decide on an extension of output cuts.



5 months ago

Asian shares turn up on Sino-U.S. trade truce hopes

Asian shares crept higher on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.



5 months ago

Sino-U.S. trade truce hopes rekindle risk appetite

Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.



5 months ago

Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake

Bayer shares jumped on Thursday after the chemicals group beefed up plans to tackle multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has revealed a sizeable stake in the company.



5 months ago

ADNOC closes $4 billion pipeline deal with KKR and BlackRock

Abu Dhabi National Oil Company (ADNOC) said on Thursday it had completed a deal for BlackRock and KKR to buy a 40% stake in ADNOC Oil Pipelines for $4 billion.



5 months ago

Airlines body IATA urges regulators to co-ordinate on re-entry to service of Boeing 737 MAX

Global airlines on Thursday urged regulators to coordinate on technical requirements and timelines for the safe re-entry to service of the Boeing 737 MAX, which was grounded in March after two fatal accidents.



5 months ago

Oil slips to $66 ahead of G20, OPEC meeting

Oil slid to around $66 a barrel on Thursday, pressured by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions that supply is ample despite the prospect of continued OPEC curbs.



5 months ago

Bayer lifted by new plan to tackle glyphosate lawsuits, Elliott approval

Bayer shares jumped on Thursday after it revealed plans aimed at resolving multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has taken a sizeable stake in the chemicals company.



5 months ago

China urges U.S. to cancel sanctions on Huawei as Trump-Xi meeting looms

The United States should immediately cancel sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are due to meet for talks on trade.



5 months ago